Which of the Following Decisions Does a Firm Need to Make

question 163

Multiple Choice

Which of the following decisions does a firm need to make as soon as it has identified the activities from the value chain that are bringing the highest added value to their customers?

• A) Target high value-adding activities to further enhance their value
• B) Target low value-adding activities to increase their value
• C) Perform some combination of the two
• D) All of these

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Definitions:

Records Group

A set of records categorized or grouped together based on specific criteria within a database management system.

Table Datasheet View

A data presentation style in database software that arranges information in a grid of rows and columns, akin to a spreadsheet layout.

Currency Field

A specialized field in databases or spreadsheets formatted to display and calculate financial data in the currency format.

Total Row

A row in a spreadsheet or database table that automatically calculates and displays the sum or another statistical measure of data in columns.